Quarterly report pursuant to Section 13 or 15(d)

Composition of Certain Financial Statement Captions

v2.4.0.6
Composition of Certain Financial Statement Captions
6 Months Ended
Jun. 30, 2012
Business and Organization and Composition of Certain Financial Statement Caption [Abstract]  
COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS

NOTE 4 COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS

 

                 

(in thousands)

  June 30,
2012

(unaudited)
    December 31,
2011

(audited)
 

Accounts receivable, net:

               

Accounts receivable

  $ 16,185     $ 12,984  

Less allowance for doubtful accounts

    (284     (440
   

 

 

   

 

 

 
    $ 15,901     $ 12,544  
   

 

 

   

 

 

 

Inventories, net:

               

Finished products

  $ 14,687     $ 11,100  

Work-in process

    401       277  

Raw materials

    2,598       2,287  

Less inventory reserve

    (599     (325
   

 

 

   

 

 

 
    $ 17,087     $ 13,339  
   

 

 

   

 

 

 

Intangible assets, net:

               

Customer relationships

  $ 18,526     $ 18,386  

In-process research and development

    10,000       10,000  

Technology

    47,100       47,100  

Product registrations

    6,259       3,895  

Tradename

    1,500       827  

Covenants not to compete

    1,565       1,560  

Other

    297       297  

Less accumulated amortization

    (9,412     (5,335
   

 

 

   

 

 

 
    $ 75,835     $ 76,730  
   

 

 

   

 

 

 
     

Other long-term obligations:

               

Contingent consideration

  $ 14,884     $ 18,002  

Deferred tax liabilities

    7,538       6,863  

Other, including deferred revenue

    451       578  
   

 

 

   

 

 

 
    $ 22,873     $ 25,443  
   

 

 

   

 

 

 

The change in value of the intangible assets include the acquisition of ALS Distribuidora Limitada (Refer to Note 5) and the foreign currency fluctuation between the Chilean and Mexican pesos against the US dollar at June 30, 2012 and December 31, 2011.